Bright Things


Bright Things has wound down its original interactive DVD business and is concentrating on social networks maker SocialGo. It has developed a system, which enables anyone to set up a social network website in 10 minutes. The service has been Beta tested and at the beginning of February three levels were launched. There is a basic free service, a starter package costing £2.99 a month and a premium service for £14.99 a month. The SocialGo service enables people to create their own networks. These can be used to share photos, music and video, organise events, create groups within the network and add news feeds. It also offers instant messaging and video chat between members of each network. The browser-based service is operated from the company’s servers and does not require software downloads enabling users to access it from anywhere in the world. The difference with the likes of Facebook is that these things can be done within a closed network. Bright Things joined Aim on 30 April 2004. At that time the company raised £5m - £4.5m net - at 10p a share. The business was originally started by Dominic Wheatley and John Kavanagh, who were former directors of computer games developer Eidos. The SocialGo business was acquired in December 2007 for £414,000 in cash.

Sector: Technology

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